FOSECOINDNSEFoseco India Limited· Chemicals - SpecialityHighPositive
Announced Wed, 25 Feb · 20:14 IST

Foseco India Limited has informed the Exchange that Board of Directors at its meeting held on February 25, 2026, recommended Final Dividend of Rs. 25 per equity share.

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AI summary

Foseco India's Board, at its February 25, 2026 meeting, recommended a final dividend of Rs. 25 per share (250% on face value of Rs. 10) for FY ended December 31, 2025, pending shareholder approval. The per-share dividend is unchanged from the prior year, though total payout rises because equity expanded to 75.37 lakh shares (from 63.87 lakh) following a share-swap acquisition. Standalone revenue grew ~15% YoY to Rs. 604 crore, with net profit up ~3% at Rs. 75.2 crore; Q4 net profit dipped to Rs. 15.5 crore vs Rs. 19.5 crore last year. The company completed the 75% acquisition of Morganite Crucible (India) Ltd in November 2025 via share swap, booking Rs. 18.9 crore as pre-acquisition exceptional expenses. Consolidated revenue came in at Rs. 643 crore with consolidated net profit of Rs. 74.9 crore. Auditors (Price Waterhouse) issued an unmodified opinion on the financials.

Likely market impact

Steady Rs. 25 per-share dividend is a small positive for income-focused holders, but the flat payout despite earnings growth and the dilutive MCIL acquisition may limit excitement. Near-term consolidated earnings are weighed down by ~Rs. 21.7 crore in exceptional acquisition/labour-code costs, though the MCIL addition (Rs. 39.5 crore goodwill, ~Rs. 10 crore contribution) strengthens the long-term metallurgical products portfolio.